Events listed in Single Supervisory Mechanism Regulation (SSMR)
A875 : Règlement CSSF N° 23-06 du 29 décembre 2023 sur la fixation du taux de ...
ID 26605
The countercyclical capital buffer rate applicable to relevant exposures located in Luxembourg remains set at 0.50% for the first quarter of the year 2024. The countercyclical capital buffer aims to counteract procyclical developments in credit markets. By reinforcing the level of capital during periods of excessive credit growth, associated with an intensification of systemic risks, the countercyclical capital buffer **contributes to absorbing losses during ...
Circulaire CSSF 23/834
ID 23263
Circular CSSF 23/834 mandates the use of the IMAS Portal for specific supervisory processes within the SSM. The IMAS portal serves as a digital interface to enhance efficiency, communication, and transparency in these processes, aligning with the commitment of the ECB and national competent authorities. Importantly, utilizing the IMAS Portal does not alter the legal framework or the distribution of legal responsibilities between the ...
ECB boosts cooperation with the six EU Member States not part of European banking ...
ID 21588
The European Central Bank, ECB, has published a Memorandum of Understanding (MoU) concluded between itself and the NCAs of Czech Republic, Denmark, Hungary, Poland, Romania and Sweden as regards a boost on supervisory cooperation through shared information, and a common supervisory culture. Therein, the regulators agree to closely coordinate supervision activities and exchange information – within legal limits – on supervisory matters and issues ...